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Member
Posts: 17
Registered: ‎10-15-2013
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Validation letter success. Portfolio recovery

After cleaning up credit for the last year, I get letter from portfolio recovery for collection. A southwestern bell bill from 99. I sent off validation letter and got reply today. They conducted a investigation and are closing account! It was for less than a $100. Pretty sure I paid it in 99.
Moderator
Posts: 27,080
Registered: ‎12-13-2013
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Re: Validation letter success. Portfolio recovery


Mikielf wrote:
After cleaning up credit for the last year, I get letter from portfolio recovery for collection. A southwestern bell bill from 99. I sent off validation letter and got reply today. They conducted a investigation and are closing account! It was for less than a $100. Pretty sure I paid it in 99.

A zombie collection from 1999 just got to love them, they cannot report it on your CRs and congrats Smiley Happy


EX Fico 08 Bankcard 04/16: 793 (-15) EX Fico 8; 766 (-17)
TU Fico 8 05/16: 777 (+5)
EQ Fico 8 04/16; 769 (-8)
Member
Posts: 17
Registered: ‎10-15-2013
0

Re: Validation letter success. Portfolio recovery

I have a fear that as I have cleaned up everything, that random stuff like this will pop up. Stuff from so long ago I forgot etc.
Epic Contributor
Posts: 22,406
Registered: ‎01-17-2008
0

Re: Validation letter success. Portfolio recovery

It is possible they will.  The good thing is if they are past the CRTP they cannot be put on your CR and hurt your score.

Mega Contributor
Posts: 16,968
Registered: ‎08-08-2011
0

Re: Validation letter success. Portfolio recovery

Congrats!

Discover IT $16.5k / US Bank Ace (VSig) $13.5K / US Bank Cash+ (VSig) $13.5k
Sam's Mastercard $9.5k / Walmart Mastercard $8k / PayPal Extras MC $5.1k
CareCredit $5k / Husq $5k / Cap1 QS $4.5k / Barclay Ring $3.95k / Citi DC (WMC) $4.3k
Gardening Date 5/8/15 / MyFico 08: EQ 729 / TU 724 / EX 750 / 7/12/15

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